Course Title: Monitor and manage small business operations

Part B: Course Detail

Teaching Period: Term1 2024

Course Code: BUSM7985C

Course Title: Monitor and manage small business operations

Important Information:

Please note that this course may have compulsory in-person attendance requirements for some teaching activities.  

To participate in any RMIT course in-person activities or assessment, you will need to comply with RMIT vaccination requirements which are applicable during the duration of the course. This RMIT requirement includes being vaccinated against COVID-19 or holding a valid medical exemption.  

Please read this RMIT Enrolment Procedure as it has important information regarding COVID vaccination and your study at RMIT: https://policies.rmit.edu.au/document/view.php?id=209.  

Please read the Student website for additional requirements of in-person attendance: https://www.rmit.edu.au/covid/coming-to-campus  

  

Please check your Canvas course shell closer to when the course starts to see if this course requires mandatory in-person attendance. The delivery method of the course might have to change quickly in response to changes in the local state/national directive regarding in-person course attendance.

School: 535T Social Care and Health

Campus: City Campus

Program: C5357 - Diploma of Remedial Massage

Course Contact: Toby Glennon

Course Contact Phone: 03 9925 0320

Course Contact Email: toby.glennon@rmit.edu.au


Name and Contact Details of All Other Relevant Staff

Tamrin Stuart

tamrin.stuart@rmit.edu.au

Nominal Hours: 45

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Pre-requisites and Co-requisites

None

Course Description

This unit describes the skills and knowledge required to implement a business plan and modify operations as required.

It applies to individuals who operate a small business which stands alone, or is part of a department within a larger organisation. Individuals in this role are skilful communicators and interpret numerical data with ease.

No licensing, legislative or certification requirements apply to this unit at the time of publication.


National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

BSBSMB405 Monitor and manage small business operations

Element:

1. Develop operational strategies and procedures

Performance Criteria:

1.1 Develop an action plan to provide a clear and coherent direction, in accordance with business goals and objectives

1.2 Identify work health and safety (WHS) and environmental issues, and implement strategies to minimise risk factors

1.3 Develop a quality system for the business in line with industry standards, compliance requirements and cultural criteria

1.4 Develop performance measures and operational targets to conform with the business plan

1.5 Develop strategies for innovation, including utilisation of existing, new or emerging technologies, where practicable, to optimise business performance

Element:

2. Implement operational strategies and procedures

Performance Criteria:

2.1 Implement systems and key performance indicators or targets to monitor business performance and customer satisfaction

2.2 Implement systems to control stock, expenditure or cost, wastage or shrinkage and risks to health and safety in accordance with the business plan

2.3 Maintain staffing requirements, where applicable, within budget, to maximise productivity

2.4 Carry out provision of goods or services in accordance with established legal, ethical cultural and technical standards

2.5 Provide goods or services in accordance with time, cost and quality specifications, and customer requirements

2.6 Apply quality procedures to address product or service and customer requirements

Element:

3. Monitor business performance

Performance Criteria:

3.1 Regularly monitor and review achievement of operational targets to ensure optimum business performance, in accordance with business plan goals and objectives

3.2 Review systems and structures, with a view to more effectively supporting business performance

3.3 Investigate and analyse operating problems to establish causes and implement changes as required, as part of the business quality system

3.4 Amend operational policies and procedures to incorporate corrective action

Element:

4. Review business operations

Performance Criteria:

4.1 Review and adjust business plan, as required, to maintain business viability, in accordance with business goals and objectives

4.2 Clearly record proposed changes to aid future planning and evaluation

4.3 Undertake ongoing research into new business opportunities and adjust business goals and objectives as new business opportunities arise


Learning Outcomes


See units of competency above 


Details of Learning Activities

Within this course, there will be various learning activities, some of which may include:- 

• class exercises to review discussions/lectures

• Blog/Wiki or other online discussion and participation

• analysis/critique of relevant reading material

• seminars/workshops

• design activities or projects

• group projects

• peer learning

• guest lecture/presentation

• class presentations

• group discussion

• research

• independent project-based work

• group activities/projects

• ‘workshopping’ of student projects including peer/lecturer feedback

• simulated workplace activities with the RMIT Remedial Massage & Myotherapy Student Clinic.

 

Workplace  assessment  

 

As a part of this course, you will be required to attend the RMIT Remedial Massage & Myotherapy Student Clinic to complete your assessments. If you are not already rostered on to attend the student clinic you will be allocated to a clinic so that you can complete the assessment requirements for this course.


Teaching Schedule

Note: While all course content in this schedule will be covered, the weekly order may change depending on class needs and the availability of speakers and resources.

Week Topics covered
7
  • Overview of Business Plan
  • Assessment overview
  • Learning activities: Business names, defining an ABN and ACN, business structures, permits and licences, product and services, human resource requirements 
8
  • Writing a mission statement
  • Constructing a SWOT analysis
  • Identifying risk and applying a risk matrix tool
9
  • Learning how to write S.M.A.R.T business objectives
  • Forming an action plan
  • Determining workplace health and safety in business
10
  • Quality systems
  • Legal compliance
  • KPIs
  • Professional development
11
  • Developing a financial plan
  • Organising groups for implementation in clinic
12

Work-integrated learning within RMIT Remedial Massage Clinic. You will be actioning your Assessment 1 - Business Plan in the clinic. 

13

Work-integrated learning within RMIT Remedial Massage Clinic. You will be actioning your Assessment 1 - Business Plan in the clinic. 

14

Work-integrated learning within RMIT Myotherapy Health Clinic. You will be actioning your Assessment 1 - Business Plan in the clinic. 

15

Work-integrated learning within RMIT Myotherapy Health Clinic. You will be actioning your Assessment 1 - Business Plan in the clinic. 

16

Reviewing case study and completing a series of Q&A as part of your Assessment 3 requirements


Learning Resources

Prescribed Texts


References


Other Resources

None.


Overview of Assessment

To be deemed competent you must demonstrate an understanding of all aspects required of the competency. Assessment methods have been designed to measure your achievement of each competency in a flexible manner over multiple tasks.


  
Assessment Task 1 - Business Plan

Assessment Task 2 - Business Plan Implementation


Assessment Tasks

Assessment for this course is ongoing throughout the semester. Your knowledge and understanding of course content is assessed through participation in class exercises, written tasks and through the application of learned skills and insights. Full assessment briefs will be provided and can be found on CANVAS.

 

Students enrolled in Vocational Education and Training qualifications are assessed for Competency. To be assessed as Competent means you have consistently demonstrated the required knowledge and skills at a standard expected in the workplace.   

To be assessed as Competent in this course, you will need to complete each assessment task to a satisfactory standard. You will receive feedback from the teacher at the conclusion of each assessment task.  

Every task must be completed satisfactorily for competence to be achieved. Unless otherwise advised you must submit all work via the RMIT issued assessment tool which is located in Canvas for you to populate. 

 

Resubmissions are at the discretion of the teacher and/or coordinator. Please see below statement under Resubmission 

 

You should refer to the assessment brief, which is available through Canvas, for full assessment criteria and due dates 

Assessment Task 1: Business Plan. 

Due date: 03/05/2024

Assessment Task 2:Implement Business Plan. 

Due date: 31/05/2024

  

Results that apply to courses that are delivered and assessed in accordance with competency-based assessment are:  

CA: Competency Achieved  
NYC: Not Yet Competent  
DNS: Did not Submit for Assessment  

 

 

Resubmissions  

You will be given two (2) attempts for each assessment to demonstrate the required skills. If a student does not submit an assessment on the first date provided however submits on the resubmission date this submission will be the only attempt allowed. 

A supplementary assessment can only be offered after discussions between teacher and the Program Coordinator and is not automatic.  Supplementary assessments are at the discretion of the Program Coordinator and Program Manager after a conversation is had by the teacher, Program Coordinator and Program Manager. A supplementary assessment will take into account class attendance( 80-100% requirement), interaction within class and communication with the class teacher. 


Assessment Matrix

The assessment matrix demonstrates alignment of assessment tasks with the relevant unit of competency. These mapping documents are available through Program Administration if required.

Other Information

Attendance: 

Your learning experience will involve class-based teaching, discussion, demonstration and practical exercises within the RMIT Remedial Massage & Myotherapy Student Clinic.   

 

It is strongly advised and expected that you attend all timetabled sessions. This will allow you to engage in the required learning activities, ensuring you the maximum opportunity to complete this course successfully.  

 

If you attend late to a lab/clinic/practical teaching session you must wait to be allowed entrance to the lab/clinic as this can pose a WHS issue, especially if specialised equipment is being used and demonstrated. Teachers are permitted to not allow you to use equipment if formal training has been missed, if this happens you must request a meeting with the teacher and program coordinator to discuss moving forward. 

 

If you miss an assessment or assessable practical class you need to apply for special consideration. The special consideration department will ask you to provide a medical certificate or give other evidence to support your request. Once Special consideration has been applied for the students will wait for the results and then contact their teacher on the outcome of the result 

 

Information about your studies:  

You can access My Studies through the RMIT website for information about timetables, important dates, assessment dates, results and progress, Canvas etc.  

https://www.rmit.edu.au/students  

  

Extensions of time for submission of assessable work: 

If you are prevented from submitting an assessment on time by circumstances outside your control you may apply for an extension of up to seven (7) calendar days in writing (email) to your teacher and Program Coordinator one working day BEFORE the due date. Please provide evidence  and /or valid reasonings why you were unable to complete the submission on time within this email. Extensions cannot be guaranteed if evidence or valid reasons are not given. Eligibility criteria for application and the form is available from the link: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/extensions-of-time-for-submission-of-assessable-work 

Where an extension of greater than seven days is needed, you must apply for special consideration. 

Special consideration: 

If due to illness or other unforeseen circumstance, you are unable to attend on the due date of an assessment (e.g. test, examination, oral, etc.), you may submit an application for special consideration within 5 working days of the due date. If special consideration is granted, you will be given the opportunity to complete/repeat the assessment task at a later date. For advice on this application please visit www.rmit.edu.au/students/specialconsideration or speak to your Program Coordinator. 

Academic Integrity and Plagiarism:   

RMIT University has a strict policy on plagiarism and academic integrity. Please refer to the website for more information on this policy.  

https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/academic-integrity  

  

Credit Transfer and Recognition of Prior Learning:   

Credit transfer is the recognition of previously completed formal learning (an officially accredited qualification).  

Recognition of Prior Learning (RPL) is an assessment process that allows you to demonstrate competence using the skills you have gained through experience in the workplace, voluntary work, informal or formal training or other life experiences.    

Please speak to your teacher if you wish to discuss applying for Credit Transfer or RPL for the unit(s) of competency addressed in this course.  

https://www.rmit.edu.au/students/student-essentials/enrolment/apply-for-credit

Course Overview: Access Course Overview